Bitcoin traders warn of tough Q3 as Nikkei echoes 'Black Monday' 1987

Russian citizens and businesses will reportedly have the right to acquire Bitcoin, but not via local infrastructure. 141 Total views 3 Total shares Russia continues sending mixed signals to the cryptocurrency markets as more reports provide details on the country’s upcoming crypto regulation.Shortly after Bank of Russia governor Elvira Nabiullina announced the Bank’s intention to…

The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022.

Banking and financial services giant HSBC has completed the first yuan-denominated letter of credit transaction on a blockchain using the Voltron trade finance platform.As Reuters reported on Sept. 2, HSBC conducted the first blockchain-based yuan-denominated letter of credit transaction deploying R3’s Corda-powered Voltron platform. In the cross-border  transaction, Hong Kong-based electronics manufacturer MTC Electronics exported…

DeFi’s tremendous growth hasn’t come without obstacles; the nascent industry still struggles with high costs, failed trades and front-running. 2333 Total views 13 Total shares IDEX, a San Francisco-based decentralized exchange, has unveiled new protocol upgrades designed to solve two of the biggest issues with DeFi — slippage and front-running. The exchange claims that its Hybrid Liquidity protocol…

One reason is that blockchain’s use of a decentralized ledger offers insight into the workings of AI systems and the provenance of the data these platforms may be using. As a result, transactions can be facilitated with a high level of trust while maintaining solid data integrity. Not only that, but the use of blockchain…

Online retail giant and major crypto industry disruptor Overstock.com has seen a 17% decrease in revenue in Q1 2019 from Q1 2018, the firm’s CEO Patrick Byrne revealed in the latest quarterly report released on May 9.Overstock’s total net revenue reportedly decreased from $445 million in Q1 2018 to $367 million in Q1 2019, as…

While the number of Bitcoin transactions that can fit in a block remains the same, demand on the network is leading to rising transaction costs. 1324 Total views 7 Total shares The number of transactions waiting to be confirmed in the Bitcoin mempool surged briefly above 125,000 today. This represents the equivalent of roughly 149…

A related report penned down by FDIC Chief Risk Officer cited poor management as “the root cause of Signature Bank’s failure.” 52 Total views 1 Total shares Investigations around the collapse of Signature Bank point toward illiquidity circumstances and poor management. However, the Federal Deposit Insurance Corporation (FDIC) chairman, Martin J. Gruenberg, believes that the…

HKVAEX and VAEXC are different crypto platforms in Hong Kong and have nothing to do with each other, a HKVAEX representative said. 138 Total views 1 Total shares Hong Kong cryptocurrency exchange HKVAEX has not applied for a virtual asset trading platform license with Hong Kong’s Securities and Futures Commission (SFC), a spokesperson for HKVAEX